What is a PEO?

Under a co-employment agreement, your staff remain your employees for everything operational — hiring, managing, the actual work — while the PEO becomes the employer of record for payroll, tax filing and benefits. That shared arrangement lets a small business buy benefits through a pool of thousands.

It suits businesses where compliance and HR are eating an owner's week, or where the group is too small to buy decent benefits directly. It suits them less when the benefit menu is narrower than what they can already buy, or when the fees exceed the administration they replace.

An estimate for planning, not a quote. Medicare and the Marketplace set your real figures.